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Cenovus Energy

318 hedge funds and large institutions have $9.9B invested in Cenovus Energy in 2014 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 99 increasing their positions, 139 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more call options, than puts

Call options by funds: $34.9M | Put options by funds: $28.7M

1.09% more ownership

Funds ownership: 62.02%63.12% (+1.1%)

6% less funds holding

Funds holding: 337318 (-19)

21% less capital invested

Capital invested by funds: $12.6B → $9.9B (-$2.69B)

29% less repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 139

32% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 50

67% less funds holding in top 10

Funds holding in top 10: 124 (-8)

Holders
318
Holders Change
-19
Holders Change %
-5.64%
% of All Funds
8.48%
Holding in Top 10
4
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-66.67%
% of All Funds
0.11%
New
34
Increased
99
Reduced
139
Closed
50
Calls
$34.9M
Puts
$28.7M
Net Calls
+$6.21M
Net Calls Change
+$29M
Name Holding Trade Value Shares
Change
Change in
Stake
ClearBridge Investments
126
ClearBridge Investments
New York
$2.85M -$757K -32,875 -19%
SC
127
SouthState Corp
Florida
$2.83M +$3.16M +137,352 New
LCM
128
Lucas Capital Management
New Jersey
$2.77M
VanEck Associates
129
VanEck Associates
New York
$2.66M -$183K -7,928 -6%
AllianceBernstein
130
AllianceBernstein
Tennessee
$2.54M +$28.9K +1,255 +1%
SFPIA
131
Stevens First Principles Investment Advisors
California
$2.49M -$253K -10,990 -8%
ARTA
132
A.R.T. Advisors
New York
$2.44M +$2.35M +101,870 +627%
LC
133
Lakeshore Capital
Alabama
$2.22M -$474K -20,581 -16%
JAM
134
JCIC Asset Management
Ontario, Canada
$2.19M -$16.5M -715,311 -87%
GC
135
Guggenheim Capital
Illinois
$2.19M -$4.97M -215,695 -67%
HHC
136
Hutchin Hill Capital
New York
$2.18M -$274K -11,900 -10%
CCM
137
Catawba Capital Management
Virginia
$2.12M -$889K -38,580 -27%
SRC
138
Stone Run Capital
New York
$2.11M -$120K -5,200 -6%
CIC
139
Canal Insurance Company
South Carolina
$2.06M
DekaBank Deutsche Girozentrale
140
DekaBank Deutsche Girozentrale
Germany
$2M -$96.7K -4,198 -4%
CAM
141
Capstone Asset Management
Texas
$1.78M +$529K +22,950 +36%
Capital Fund Management (CFM)
142
Capital Fund Management (CFM)
France
$1.78M +$1.42M +61,771 +252%
NRS
143
Neville Rodie & Shaw
New York
$1.76M -$142K -6,150 -7%
Zurich Cantonal Bank
144
Zurich Cantonal Bank
Switzerland
$1.73M +$77.7K +3,374 +4%
PI
145
PineBridge Investments
New York
$1.71M -$411K -17,857 -20%
Axa
146
Axa
France
$1.7M -$1.16M -50,300 -38%
Lazard Asset Management
147
Lazard Asset Management
New York
$1.65M +$1.84M +80,027 +86,051%
ISL
148
Ingalls & Snyder LLC
New York
$1.63M -$453K -19,685 -20%
MIM
149
Montgomery Investment Management
Maryland
$1.51M +$834K +36,200 +98%
PPA
150
Parametric Portfolio Associates
Washington
$1.44M +$97.7K +4,240 +6%

CVE Hedge Fund Activity: Q4 2014 in Review

318 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q4 2014, worth a combined $9.9B — down 21% from $12.6B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of CVE and 34 opened new positions — a net loss of 16 holders — while 139 trimmed existing stakes and 99 added.

The largest buyer was Burgundy Asset Management, adding an estimated $190M. The largest seller was Fidelity Investments, cutting an estimated $192M.

  • 318 institutional investors held Cenovus Energy (CVE) as of Q4 2014, down from 337 in Q3 2014.
  • Funds reported $9.9B of Cenovus Energy stock for Q4 2014, down 21% quarter-over-quarter.
  • 34 funds opened new Cenovus Energy positions in Q4 2014 and 50 closed out, a net change of -16 holders.
  • The largest Cenovus Energy buyer in Q4 2014 was Burgundy Asset Management, an estimated $190M added.
  • The largest Cenovus Energy seller in Q4 2014 was Fidelity Investments, an estimated $192M sold.

Based on aggregated 13F filings for Q4 2014.